November 23, 2015
VALUATION WATCH: Overvalued stocks now make up 49.52% of our stocks assigned a valuation and 18.12% of those equities are calculated to be overvalued by 20% or more. Nine sectors are calculated to be overvalued--with one near double digits.
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TOP STOCKS
--ValuEngine Top-Five STRONG BUYS
ValuEngine tracks more than 7000 US equities, ADRs, and foreign stock which trade on US exchanges as well as @1000 Canadian equities. When EPS estimates are available for a given equity, our model calculates a level of mispricing or valuation percentage for that equity based on earnings estimates and what the stock should be worth if the market were totally rational and efficient--an academic exercise to be sure, but one which allows for useful comparisons between equities, sectors, and industries. Using our Valuation Model, we can currently assign a VE valuation calculation to more than 2800 stocks in our US Universe.
We combine all of the equities with a valuation calculation to track market valuation figures and use them as a metric for making calls about the overall state of the market. Two factors can lower these figures-- a market pullback, or a significant rise in EPS estimates.
We also use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.
So, for today's bulletin we used our website's advanced screening functions to search for top-rated STRONG BUY US stocks that included valuation coverage. These stocks are shown below, and presented in alphabetical order.TeeKay Tankers (TNK) is the leader here.
Ticker |
Company Name |
Market Price |
Valuation |
Last 12-M Return |
1-M Forecast Return |
1-Yr Forecast Return |
P/E Ratio |
Sector Name |
BBSI |
BARRETT BUS SVS |
41.88 |
-30.53% |
78.14% |
1.57% |
19.02% |
12.98 |
Business Services |
CALM |
CAL-MAINE FOODS |
56.77 |
-1.43% |
29.33% |
1.51% |
18.31% |
7.73 |
Consumer Staples |
RM |
REGIONAL MANAGE |
15.27 |
-13.32% |
30.96% |
1.59% |
19.24% |
8.83 |
Finance |
TNK |
TEEKAY TANKERS |
7.07 |
-27.15% |
66.75% |
1.92% |
22.11% |
5.54 |
Transportation |
TNP |
TSAKOS EGY NAVG |
8.24 |
-17.83% |
21.71% |
1.66% |
20.20% |
5.23 |
Transportation |
Below is today's data on TeeKay Tankers (TNK):
Teekay Tankers Ltd. is a Marshall Islands corporation recently formed by Teekay Corporation to provide international marine transportation of crude oil. Teekay Tankers Ltd. owns a fleet of nine double-hull Aframax-class oil tankers, which an affiliate of Teekay Corporation manages under a mix of spot-market trading and short- or medium-term fixed-rate time-charter contracts. In addition, Teekay Corporation will offer to Teekay Tankers Ltd. within eighteen months of the initial public offering the opportunity to purchase up to four Suezmax-class oil tankers. Teekay Tankers Ltd. intends to distribute on a quarterly basis all of its cash available for distribution, subject to any reserves established by its board of directors.
VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on TEEKAY TANKERS for 2015-11-20. Based on the information we have gathered and our resulting research, we feel that TEEKAY TANKERS has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Momentum.
You can download a free copy of detailed report on TNK from the link below.
ValuEngine Forecast |
|
Target
Price* |
Expected
Return |
1-Month |
7.21 |
1.92% |
3-Month |
7.30 |
3.23% |
6-Month |
7.19 |
1.74% |
1-Year |
8.63 |
22.11% |
2-Year |
6.63 |
-6.16% |
3-Year |
4.95 |
-29.92% |
Valuation & Rankings |
Valuation |
27.15% undervalued |
|
82 |
1-M Forecast Return |
1.92% |
1-M Forecast Return Rank |
100 |
12-M Return |
66.75% |
|
96 |
Sharpe Ratio |
-0.18 |
|
41 |
5-Y Avg Annual Return |
-8.83% |
5-Y Avg Annual Rtn Rank |
38 |
Volatility |
50.16% |
|
35 |
Expected EPS Growth |
15.40% |
|
55 |
Market Cap (billions) |
0.50 |
Size Rank |
57 |
Trailing P/E Ratio |
5.54 |
|
98 |
Forward P/E Ratio |
4.80 |
Forward P/E Ratio Rank |
97 |
PEG Ratio |
0.36 |
PEG Ratio Rank |
67 |
Price/Sales |
1.22 |
|
59 |
Market/Book |
0.62 |
|
86 |
Beta |
2.44 |
Beta Rank |
6 |
Alpha |
0.52 |
Alpha Rank |
97 |
DOWNLOAD A FREE SAMPLE OF OUR TEEKAY TANKERS (TNK) REPORT BY CLICKING HERE
(LINK FIXED)
ValuEngine Market Overview
Summary of VE Stock Universe |
Stocks Undervalued |
50.48% |
Stocks Overvalued |
49.52% |
Stocks Undervalued by 20% |
24% |
Stocks Overvalued by 20% |
18.12% |
ValuEngine Sector Overview
|
|
|
|
|
|
|
|
0.38% |
1.32% |
2.06% |
13.93% overvalued |
-7.60% |
18.45 |
|
0.36% |
-1.43% |
0.00% |
6.43% overvalued |
-3.63% |
23.98 |
|
0.43% |
-1.93% |
6.14% |
6.35% overvalued |
0.87% |
23.53 |
|
0.42% |
0.52% |
0.85% |
4.94% overvalued |
-0.98% |
28.58 |
|
0.33% |
0.63% |
1.90% |
4.32% overvalued |
-2.12% |
16.95 |
|
1.03% |
1.04% |
2.73% |
4.28% overvalued |
2.46% |
28.42 |
|
0.19% |
-2.65% |
-5.82% |
1.79% overvalued |
-8.67% |
21.47 |
|
0.42% |
-1.63% |
1.12% |
1.26% overvalued |
-2.94% |
24.69 |
|
-0.14% |
-1.44% |
-7.96% |
1.10% overvalued |
-8.11% |
17.73 |
|
-0.05% |
0.58% |
3.54% |
1.40% undervalued |
-2.04% |
20.80 |
|
0.19% |
-0.43% |
-6.65% |
1.62% undervalued |
-11.80% |
19.33 |
|
-0.08% |
-0.19% |
-4.43% |
6.14% undervalued |
-7.74% |
13.65 |
|
0.50% |
-2.08% |
-7.92% |
6.28% undervalued |
-4.48% |
21.49 |
|
-1.06% |
-5.46% |
-24.63% |
10.90% undervalued |
-45.09% |
24.03 |
|
-0.18% |
-1.07% |
-11.82% |
11.77% undervalued |
-16.21% |
14.38 |
|
-0.96% |
-4.35% |
-18.07% |
13.99% undervalued |
-23.40% |
22.67 |
ValuEngine.com is an independent research provider, producing buy/hold/sell recommendations, target price, and valuations on over 7,000 US and Canadian equities every trading day.
Visit www.ValuEngine.com for more information
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